In Commissioner Of Income Tax- I v. M/S Shri Saidan Kapoor Through, the High Court (2016) dismissed the appeal. The decision went in favour of the assessee.
Decision: The appeal along with the pending applications is therefore dismissed.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
$~40
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ ITA 576/2016 & C.M.Nos.28455-28456/2016
COMMISSIONER OF INCOME TAX- I
..... Appellant Through: Mr.P.Ray Chaudhury, Sr.Standing Counsel
versus
M/S SHRI SAIDAN KAPOOR Through
..... Respondent
CORAM:
HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE NAJMI WAZIRIO R D E R% 08.08.2016
The tax effect in this case is about Rs.12,95,908/- i.e. below the limit specified to enable the Revenue to prefer the appeal under Section 260A of the Income Tax Act.
The appeal along with the pending applications is therefore
dismissed.
S. RAVINDRA BHAT, J
NAJMI WAZIRI, J
AUGUST 08, 2016 rb
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